@Benjamin Goodman gives a good example referencing live in flips. 

It can be done but it may take years to build up cash flow especially if you live in high cost area like CA.   

Do you live locally?

Watch as many Brandon Turner and David Greene videos as you can on BRRRR. 

If you need the cash flow to live on and it will improve your lifestyle, then go for it.

I actually just did a live stream yesterday on my channel (youtube.com/@brady_morgan) that went over this exactly.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $140,000

Cash invested: $24,000

Sale price: $220,000

I knew from the start that I was going to buy this propert...

I'm imagining something more like add a wall, turn a bedroom into a kitchen-living on one side and a formal dining room into a bedroom on the other side, maybe add a half bath in each unit.

I live in the Las Vegas market and have investments and a real estate brokerage in Henderson.

I think they contain solid information and will help lay a good foundation as a beginner (Haha, I'm completely new to real estate as well, btw)I'm also going to be reading the following books, and hopefully I can finish all by the end of this month:1) The ABCs of Property Management2) The Advanced Guide to Real Estate Investing3) Long-Distance Real Estate Investing How to Buy, Rehab, and Manage Out-of-State Rental Properties (this might be the most important one to me personally)4) The Book on Investing in Real Estate with No (and Low) Money DownIn addition to reading, I'm consuming crazy amounts of youtube videos, and I'recommend you do this as well.